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the budget. some democrats not happy. and house minority speaker nancy pelosi saying it's a gimmick, unworthy of the challenges we face and the debate we should be having. the message from the american people is clear, no games no default. for more on this, i would like to bring kristin. what is the white house saying about the issue? >> reporter: craig, they are saying that they are encouraged by the fact that house speaker, john boehner, is putting forward a proposal that increases the debt limit without an equal amount of spending cuts. that was his long-held position a and he is abandoning that position, and saying that he will increase the debt ceiling for a period of three months and in that timeframe, the congress has to come up with a budget and that is a win from the democrats standpoint, but they do not like the idea of increasing the debt limit in increments. the question is, if it gets passed will it force both sides to come to the table on spending cuts within a matter of months when they take on the issue on of the budget and then of course, the sequester. that is the big questi
hostage. that's senate leader harry reid there. house minority leader nancy pelosi rejected the plan. did the republicans make a real effort here or was this a gimmick as nancy pelosi said? >> the most important thing for republicans is they are re-ordering the three fiscal conflicts that the country has ahead. the three conflicts are are the sequestration and the deep cuts to domestic and military spending and the end of the funding of the government that could result in a govern shutdown and the sent ceiling fight and the debt ceiling fight has potentially the worst consequences for the economy. so the republicans thought instead of taking the debt ceiling fight first and potentially doing real harm, let's move it to the end of the first of three standoffs. >> and sequestration, of course, also a major issue. do republicans think they can win on -- on major cuts to domestic and military spending? >> probably not. i don't think they have a lot of betting power here at all. the debt ceiling was the biggest bargaining chip that they had and they just moved it to basically a totally differe
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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